Contacts
lead to contracts
95% of
homebuyers who receive periodic contact
from their agent say they'd use the
same agent when it was time to sell
or buy. Without regular contact,
only 35.5% would use the same
agent again.
Periodic postcard mailings are an effectivive and inexpensive way to keep in touch with your farm.
Browse our
postcard assortment
Newsletters set you apart from other realtors. By sharing pertinent home and realty information you boost your profile as a real estate expert. Our professional personalization services ensure your contact information is always on hand.
Browse our
newsletter assortment
How many prospects
will it take to yield a commission
of $60,000 a year?
20 listings deliver an annual
income of $60,000 if your average
commission is $3,000.
If you close 1/2 of your listing
presentations, you'll
need 40 ready-to-sell prospects
to get to 20 listings.
National averages say 7% of
homeowners move every year, so
you'll need 575 households
for 40 listing presentation opportunities.
575 is a low number because
it assumes that every homeowner
who is going to sell in your
farm area allows you the opportunity
to deliver a listing presentation
to them.
How much per prospect should
you budget for marketing?
With 575 prospects, 40 to
55 cents per prospect. That's
$259 - $316 per month
or $3,108 - $3,792 per year on
prospect marketing. That's
not a bad investment to generate
$60,000 in commissions.
Your clients are your future!
32% of your prospects come from
referrals - YET 69% of
your BUYERS come from referrals!
Past clients will happily tell
others what a great job you did,
especially if you ask them - let
them know you're excited
and capable of handling more
business.
What do top producers do to
grow their income?
There's a simple correlation
in the real estate business - the
more agents spend on marketing,
the more income they take home.
This is no accident.
Marketing vs. Prospecting
Your success as a real estate
professional is largely a function
of the effectiveness of your
marketing:
•Traditional prospecting requires
you to contact prospects.
•Modern direct-response marketing
results in customers calling
you.
According to NAR, 93%of U.S.
homeowners will not be involved
in a real estate transaction
this year. How do you pinpoint
the other 7% in your area and
acquire them as customers? By
communicating consistently with
area homeowners via value-added
direct-response marketing. Effective
marketing saves you time, money
and the frustrations associated
with cold-calling.
The better you market, the more
money you will make, Period.
What makes farming successful?
Farming activity must reflect
favorably on you. Pick the right
activities. Think through your
plan. Good implementation of
a good plan leads to positive
results. Always make sure
your marketing and promotions
are strongly identified with
you.
How to avoid
the "out-of-sight, out-of-mind"
problem.
Year-round, ad specialties,
such as calendar magnets, keep
you in sight, right on the
family refrigerator.
Browse our
calendar designs
The eight-niche-double-your-income
plan.
Niche
One: Past satisfied customers
are the fastest way to jump-start
your business. Turn satisfied
clients into loyal clients. You
can double your income by going
back to those you served the
previous year in a systematic
fashion.
Browse our
greeting cards - a great re-activation strategy
Niche
Two: Weekly - not weekend
- open houses are an excellent
way to get immediate financial
results since solid prospects
are driving around every day
of the week. If you are new in
the business, volunteer to hold
open houses for peak performers
who have many listings to service.
Bring your cell phone and make
prospecting calls between visitors.
Niche
Three: FSBOs are pre-qualified
and they want to move. FSBOs
and expired listings can become
your bread and butter niche.
Owners sell 17% - 20% of the
homes in the United States each
year and many others abandon
the attempt due to unexpected
complications, demands on their
time or a lack of marketing savvy.
Browse our
FSBO postcards - they can open the door to dialog
Niche
Four: Your local business
network helps you build business
by exchanging leads in a self-formed
board of advisors in your community.
Consider a banker, a doctor,
a dentist, a lawyer and several
small business owners.
Niche
Five: Focus on close center
of personal influence - those
people you regularly associate
with. Most friends prefer to
work with trusted friends;
ask your friends to tell others
about you!
Niche
Six: Rekindle contacts
from your past. Dig out that
high school yearbook, past Christmas
card lists, etc. You'll
be surprised how many people
come out from under a rock to
generate a few leads for you.
Niche
Seven: Dial for dollars
when you have a few minutes to
spare using a prepared weekly
phone agenda. All the people
above are fair game. Allow three
minutes to get your message across.
Consider:
Mondays: Past customers
Tuesdays: FSBOs
Wednesdays: House farm
Thursdays: Board of advisors
Niche
Eight: The house farm - it
takes courage and a strong sense
of self-worth to go out into
the trenches filled with passion
and tell your real estate story.
It's a slow process and
takes the longest of the eight
niches to pay off. Choose a house
farm that's a good fit
for you - two smaller
territories (under 150 homes)
or one larger one (300 homes).
Use spontaneous dialogues and
giveaways; keep it light and
breezy and demonstrate your knowledge
of the area. After all, affluent
people made their money by working
hard and taking risks. Many future
clients will admire your work
ethic and creativity.